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Getty drops key copyright claims against Stability AI, but UK lawsuit continues

Getty Images dropped its primary claims of copyright infringement against Stability AI on Wednesday at London’s High Court, narrowing one of the most closely watched legal fights over how AI companies use copyrighted content to train their models.  The move doesn’t end the case entirely – Getty is still pursuing other claims as well as … Read more

Stability AI lawsuit doesn’t cover industry mass theft

Getty Images’ logo seen displayed on a smartphone with an AI chip and symbol in the background. Budrul Chukrut | Sopa Images | Lightrocket via Getty Images LONDON — Getty Images is spending millions of dollars to take on a “world of rhetoric” through its Stability AI suit, the photo licensing company’s boss Craig Peters … Read more

Stability AI releases an audio-generating model that can run on smartphones

AI startup Stability AI has released Stable Audio Open Small, a “stereo” audio-generating AI model that the company claims is the fastest on the market — and efficient enough to run on smartphones. Stable Audio Open Small is the fruit of a collaboration between Stability AI and Arm, the chipmaker that produces many of the … Read more

Singapore voters seek stability as Trump roils global trade

Any doubts about the People’s Action Party’s ability to continue dominating Singapore’s politics after six decades of rule were put to rest with Saturday’s election result. Led by Lawrence Wong in his first election as prime minster, the PAP took 87 of 97 seats in parliament, holding the opposition to the 10 it won during … Read more

A look into XRP stability and cloud mining potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With XRP stabilizing around $2.20, investors are eyeing cloud mining platforms like Winner Mining as a new gateway to passive crypto income. XRP is a popular currency in the current cryptocurrency market and has … Read more

PAP sweeps to victory as Singaporeans vote for stability

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore’s People’s Action Party won its 16th consecutive election on Saturday, increasing its share of the popular vote as voters in the trade-dependent country backed stability in the face of rising geopolitical tensions. The PAP … Read more

How Singapore Investors are Turning to Money Market Funds for Stability

Following a wild 2024 for world markets, Singaporean investors are changing course. Inflows into money market funds increased by more than 30% in the last quarter of last year, according to new figures released by the Monetary Authority of Singapore. It is understandable that you might be reevaluating where to keep your hard-earned money given … Read more

Hedge funds are the new ‘shadow banks’—and some are worried they pose a systemic threat to financial stability

Economist Paul McCulley coined the term “shadow banking” in 2007, just over a year before Lehman Brothers collapsed. Soon, it became clear easy credit had helped fuel the subprime mortgage meltdown that brought the global financial system to its knees. Nearly two decades later, a bond market sell-off triggered by President Donald Trump’s chaotic tariff … Read more

ESMA warns crypto could pose risks to financial stability

The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets. ESMA, the European Union’s securities watchdog, has once again touched on the issue of crypto regulation, warning that crypto-related risks could impact financial stability.  According to ESMA executive director Natasha Cazenave, this possibility has increased … Read more

China’s Xi Jinping meets foreign CEOs to urge trade stability

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Xi Jinping has urged global business leaders to work together to protect supply chains at a meeting with a group of executives including Rajesh Subramaniam of FedEx and Bill Winters of Standard Chartered. Amid a … Read more

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